Jackson Business Development Committee (JBDC) to Announce Business Challenge with Prize Package worth $20,000

On Thursday, January 10th the Jackson Business Development Committee (JBDC) will begin accepting applications for its Jackson Business Challenge. CEDA team member Tom Nelson helped develop the program which aims to attract new businesses to the downtown Jackson by offering a prize package worth $20,000.

The Jackson Business Challenge was created to fill empty buildings in downtown Jackson and attract entrepreneurs to the community. The contest will consist of three rounds with the first round deadline being February 27, 2019. The rounds will consist of the following:

Round 1 – Business Concept

Round 2 – Detailed Business Plan

Round 3 – Oral presentation April

The prize package valued at $20,000 will consist of grants funds, rental assistance, free marketing, accountancy assistance, legal assistance, and more. The program will look at the viability of applicants’ business plans as well as how they will enhance downtown Jackson. Entrepreneurs as well as current business owners in and out of Jackson are encouraged to apply to the program.

“The winner of the competition will gain both monetary and professional assistance setting them up for success in the community” Nelson commented. “I am excited to draw attention to a great community that has a ton of potential.”